AXA XL, a division of AXA Group, is a leading global insurance and reinsurance provider headquartered in the United States. Established in 1986, the company has grown significantly, with major operational regions spanning North America, Europe, and Asia-Pacific. Specialising in property, casualty, and specialty insurance, AXA XL is renowned for its innovative risk management solutions tailored to diverse industries. The company’s core offerings include insurance for large corporations, professional liability, and environmental coverage, distinguished by their customer-centric approach and expertise in complex risks. AXA XL has achieved a strong market position, recognised for its commitment to sustainability and excellence in service delivery. With a focus on empowering clients through tailored solutions, AXA XL continues to set benchmarks in the insurance industry.
How does Axa Xl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Axa Xl's score of 52 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Axa XL reported total carbon emissions of approximately 39,072,000 kg CO2e, with Scope 1 emissions at about 764,000 kg CO2e, Scope 2 emissions at approximately 4,531,000 kg CO2e, and Scope 3 emissions reaching about 33,990,000 kg CO2e. This represents a significant increase from 2022, where total emissions were about 26,650,000 kg CO2e. Axa XL has set ambitious climate commitments, aiming to reduce its carbon emissions by 20% by 2025 from its operations, which include energy, travel, and digital solutions. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's long-term goal of achieving carbon neutrality. The reduction initiative is part of a broader strategy to offset residual emissions, demonstrating Axa XL's commitment to sustainability and climate action. Overall, Axa XL's emissions data and reduction targets highlight its proactive approach to addressing climate change while navigating the complexities of its operational footprint.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 2,970,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 |
Scope 2 | 7,559,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 44,936,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Axa Xl is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.